China's Tesla Factory Helps Company Break EV Delivery Record
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Subscribe to The Hustle Daily Newsletter now: https://clickhubspot.com/rmb On December 30, 2019, Tesla’s Chinese Gigafactory delivered its first cars. While Tesla dominates the US EV market with a 70% market share, the market for EVs in China is even bigger and more competitive. It’s why Tesla built a factory in Shanghai, which has helped it get 7.5% of the Chinese market. The factory now accounts for a quarter of Tesla’s total vehicle sales. Video Hosted by Michael Sikand.